Jeroen van Aart <jer...@mompl.net> wrote: > valdis.kletni...@vt.edu wrote: > >> The massive drop in latency is expected to supercharge algorithmic stock > >> market trading, where a difference of a few milliseconds can gain (or lose) > >> millions of dollars. > > > > But it should be illegal to run a stock market that volatile. This can't > > end well. > > The average consumer gets a 15 minute artificial delay in trading, why > not implement for all trades...
Virtually any consumer can get true real-time trading data if they're willing to pay some relatively modest fees for that access -- Last I knew, the most expensive 'real-time' fee charged by any exchange was under $200/mo. For everything traded on that exchange. For anybody doing short-term, 'tactical', trading, that is a "petty cash" expense. Imposing the 15-minute delay on 'everybody', would simply give the 'floor traders' the -exclusive' edge on those trading strategies.
